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302-304 S Madison Street

Bloomington, IN 47403
  • $1,250,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 202242355
UPDATED: 72 min ago
$1,250,000
  • 16
    BEDS
  • 0.4
    ACRES
  • 15
    BATHS
  • 0
    1/2 BATHS
  • 7,276
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1875
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great investment properties! Sale includes two unique, adjacent buildings in the heart of Bloomington. 302-304 S. Madison (53-05-32-423-007.000-005) consistes of nine one bedroom and studio units ranging from 400 to 850 square feet. 409-411 W. 3rd Street (53-01-32-393-000.000-005) consists of four 1 bedroom and one 3 bedroom unit. All units include private kitchens and bathrooms. Coin laundry located in the basement. Covered and locked bicycle area. Two private driveways for two units, and a third parking space for another. Street parking for everyone, but no meters or permits currently required. Room to create more parking spaces. All units leased until August 2023!!! Constantly and consistently made improvements.

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© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2022-12-09T20:28:11.18.

www.romanskigroup.com/homes/133857045
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302-304 S Madison Street Bloomington, IN 47403

  • Price: $1,250,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 72 min ago
  • MLS #: 202242355
16
Beds
15
Baths
0
½ Baths
0.4
Acres
7,276
SQFT
$172
$/SQFT
1875
Built
Neighborhood:
None
County:
Monroe
Area:
Monroe
Elementary School:
Fairview
Middle School:
Tri-North
High School:
Bloomington North
School District:
Monroe County Community School C
Property Description
Great investment properties! Sale includes two unique, adjacent buildings in the heart of Bloomington. 302-304 S. Madison (53-05-32-423-007.000-005) consistes of nine one bedroom and studio units ranging from 400 to 850 square feet. 409-411 W. 3rd Street (53-01-32-393-000.000-005) consists of four 1 bedroom and one 3 bedroom unit. All units include private kitchens and bathrooms. Coin laundry located in the basement. Covered and locked bicycle area. Two private driveways for two units, and a third parking space for another. Street parking for everyone, but no meters or permits currently required. Room to create more parking spaces. All units leased until August 2023!!! Constantly and consistently made improvements.
Exterior Features

Architectural Style Traditional Driveway AsphaltGravel Exterior AluminumStone Location City/Town/Suburb Lot Description Corner Lot Dimensions 82X63 And 82X69 Outbuilding None Parking Off StreetStreet Parking Spaces 6 Pool YN No Style Three Story Waterfront YN No

Interior Features

Above Grade Bedrooms 16 Above Grade Finished Sqft 7276 Above Grade Unfin Sq Ft 0 Amenities BasementDeck OpenSump Pump Basement Foundation Full Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring Mixed Heating Fuel GasForced Air Microwaves 0 Ranges Ovens 14 Refrigerators 14 Rooms Below Grade 0 Total Baths 15 Total Below Grade Sqft 0 Total Sq Ft 7276 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 5699 Annual Gross Rent 116860 Annual Insurance Expense 7873 Annual Maint Expense 15220 Annual Misc 11686 Annual Net Income 76382 Annual Property Tax 0 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Common Amenities Laundry Facilities Documents Available Lbp Form Efficiencies 4 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 9738 Gross Monthly Rent 9738 Lease Term 1 Year New Construction No One Bedrooms 9 Owner Pays ElectricFuelHeatingMaintenance Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Apartment Complex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays Deposit Value Three Bedrooms 1 Township Bloomington Two Bedrooms 0 Units Rented 14 Water Utility City Year Taxes Payable 2021

Listing provided by Brian Waters of Mentor Listing Realty, Inc.: [IDXCONTACTINFORMATION].
© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty.


© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2022-12-09T20:28:11.18.

 
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The Romanski Group - Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,